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BNBCalc Short Term Rental Investment Analysis 2323 17th St, Lubbock, TX, 79401

3 bed • 2 bath • 6 guests • $315,000

BNB

Calc

Report by:

kaseyd23@yahoo.com

Annual Revenue

$31,119

Profit (Cash Flow)

-$7,856

Cap Rate

4.3%

Annual Revenue

$31,119

AirDNA projects $213/night at 40% occupancy ($31,118). Airbtics projects $149/night at 44% occupancy ($23,945). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 40% occupancy rate, $213 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles25%50%75%90%
Revenue$14,188$19,801$30,737$63,685
Occupancy35%42%54%58%
Nightly Rate$100$114$140$282

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Raider Rooftop North - 3BR/3BA - Walk to Tech
$15,894
$114
33%
331$125❌❌❌Y / Y⭐️ 5 (121)
"The Blue Bohemian" 3/1 close to TTU/Jones Stadium
$18,625
$90
49%
312$135❌❌❌Y / Y⭐️ 5 (41)
Raider Rooftop South - 3 BR/3BA - Walk to Tech
$18,378
$125
32%
331$125❌❌❌Y / Y⭐️ 4.9 (208)
Raider Retreat - near campus - backyard fireplace
$32,729
$131
57%
321$100❌❌✅Y / Y⭐️ 5 (225)
CHARMING TECH TERRACE RETREAT! 1 MILE TO THE JONES
$23,398
$100
53%
321$100❌❌✅Y / Y⭐️ 4.8 (250)
The Freaky Tiki - Waves of Fun!
$53,116
$361
38%
321$100❌❌❌Y / Y⭐️ 5 (12)
The Tejas Lounge - Walk to TTU - Best In Lubbock!
$25,993
$107
60%
322$75❌❌❌Y / Y⭐️ 4.9 (75)
SoHo Bungalow - 3BR2BA sleeps10~1.6mi-Tech & DT
$19,913
$104
47%
322$100❌❌❌Y / Y⭐️ 4.8 (118)
Charming Home w/ Yard - Half-Mi to Texas Tech
$58,834
$386
39%
322$155❌❌❌Y / Y⭐️ 4.7 (17)
Close to Tech! Very spacious!!
$21,095
$150
36%
322$135❌❌✅Y / Y⭐️ 4.2 (23)
Peggy Sue | Walk to TTU | Grill | Patio | driveway
$22,442
$100
55%
321$85❌❌❌Y / Y⭐️ 4.8 (42)
The Brick Road Bungalow - Lubbock Local
$16,965
$128
34%
312$70❌❌❌Y / Y⭐️ 5 (16)
Near TTU - Brick Road Bungalow
$16,360
$96
42%
312$70❌❌❌Y / Y⭐️ 5 (6)
Quaint and Cozy 3Bed 1 Bath in Heart Of Lubbock
$13,575
$93
29%
311$65❌❌❌Y / Y⭐️ 4.9 (55)
Brick Road Bungalow
$40,820
$164
68%
311$0❌❌❌Y / Y⭐️ 4.7 (7)

Return Metrics

-10.98% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$7,855-$15,711-$23,566-$31,422-$39,277-$78,555-$235,666
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$3,094$6,380$9,868$13,571$17,503$41,111$252,000
Down Payment$63,000$63,000$63,000$63,000$63,000$63,000$63,000
Property Appreciation$9,450$19,183$29,209$39,535$50,171$108,333$449,587
Total Return$67,689$72,852$78,510$84,684$91,396$133,890$528,920

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-10.98%

Cap Rate

4.25%

Return on Investment

6.55%

property-location

2323 17th St Lubbock, Texas, 79401-4436

3 bed • 2 bath • 6 guests

Est. $1,511/mo

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Market Data

$31,119

Annual Revenue

BNBCalc predicts this property will get $149 per night with 44% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Top 54% of comparables

Top 14% of comparables


Seasonality

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15

Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$26,542

Avg annual revenue

44%

Avg occupancy rate

$149

Avg nightly rate


🏊‍♂️ Pool
🛁 Hot tub
🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$15k

$30k

$45k

$60k

Sign up to see the data on 15 all comparables

-$7,856

Profit

Revenue

$31,119

Operating Expenses

$17,725

Operating Income

$13,393

Mortgage & Taxes

$21,249

Profit (Cash Flow)

-$7,856

$71,500

Cash Investment

Down Payment

$63,000

Renos & Furnishing

$8,500

Closing Costs

$0

Total

$71,500

DSCR Ratio

Weak

0.63

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-10.98%

Cap Rate

4.25%

Profit (Cummulative)

-$7,856

$3,095

$8,500

$9,450

$0

Total Gain

$4,689

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$14,950

Deductible property tax

$3,118

Your total deduction

$40,235

Your adjusted annual income

$150,000 - $40,235 = $109,765


Taxes on $109,765 (30%)

$32,929

Your old tax bill

$45,000

Your new tax bill

$32,929


Estimated tax savings

$12,071

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com